November 23, 2016 - By Dolores Ford · 0 Comments
The stock of Aluminum Corporation China Limited (NYSE:ACH) registered an increase of 14.22% in short interest. ACH’s total short interest was 306,000 shares in November as published by FINRA. Its up 14.22% from 267,900 shares, reported previously. With 26,400 shares average volume, it will take short sellers 12 days to cover their ACH’s short positions. The stock last traded at $11.1 per share. It is down 26.86% since April 21, 2016 and is uptrending. It has outperformed by 21.53% the S&P500.
Aluminum Corporation of China Limited is an aluminum producer with activities in bauxite and coal mining, alumina refining and primary aluminum smelting. The company has a market cap of $8.89 billion.
Out of 2 analysts covering Alum. Corp China (NYSE:ACH), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Alum. Corp China has been the topic of 3 analyst reports since August 31, 2015 according to StockzIntelligence Inc. Goldman Sachs upgraded the shares of ACH in a report on Thursday, March 24 to “Neutral” rating. The firm has “Sell” rating given on Monday, December 7 by Goldman Sachs. As per Monday, August 31, the company rating was upgraded by Credit Suisse.
Aluminum Corporation of China Limited (Chalco), incorporated on October 10, 2001, is an aluminum producer with activities in bauxite and coal mining, alumina refining and primary aluminum smelting. The Firm also produces ancillary services and products derived from or related to its aluminum operations. The Firm organizes and manages its activities in five divisions: alumina segment, primary aluminum segment, trading segment, energy segment, and corporate and other operating segment. The Firm is also engaged in trading of alumina, primary aluminum, aluminum fabrication products, other non-ferrous metal products, coal products and raw and ancillary materials in bulk domestically and internationally. In addition, the Company is also engaged in coal mining, power generation, research and development activities, and other services and products. The Company’s corporate and other operating segment includes corporate and other aluminum-related research, development and other activities.
More notable recent Aluminum Corp. of China Limited (ADR) (NYSE:ACH) news were published by: Quotes.Wsj.com which released: “DOW JONES, A NEWS CORP COMPANY” on February 11, 2011, also Fool.com with their article: “3 Top Aluminum Stocks to Buy in 2016” published on October 04, 2016, Fool.com published: “5 Things Alcoa Wants You to Know About Its Post-Split Future” on November 27, 2015. More interesting news about Aluminum Corp. of China Limited (ADR) (NYSE:ACH) were released by: Quotes.Wsj.com and their article: “News Alcoa Corp.AA” published on February 11, 2011 as well as Fool.com‘s news article titled: “This Aluminum Producer Could Be Worth the Risk” with publication date: September 10, 2013.
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By Dolores Ford